Revenue was $133.6 million, an increase of 15.4% percent, compared to
$115.8 million in the prior fiscal quarter and an increase of 30.4%
percent compared to $102.4 million in the previous year fiscal second
quarter;

Gross profit was $65.5 million, an increase of 8.6% percent, compared
to $60.3 million in the prior fiscal quarter and an increase of 40.3%
percent compared to $46.7 million in the previous year fiscal second
quarter;

Gross margin was 49.1 percent, compared to 52.1 percent in the prior
fiscal quarter and 45.6 percent in the previous year fiscal second
quarter;

Operating loss was $7.2 million, compared to income of $0.2 million in
the prior fiscal quarter and an operating loss of $2.4 million in the
previous year fiscal second quarter; and

Net loss from continuing operations was $12.0 million, resulting in
$0.23 loss per diluted share, compared to net loss from continuing
operations of $16.8 million, or $0.32 loss per diluted share, in the
prior fiscal quarter and net loss from continuing operations of $11.2
million, or $0.22 loss per diluted share, in the previous year fiscal
second quarter.

Second Quarter Fiscal Year 2016 Adjusted Non-GAAP Results

Adjusted gross margin was 58.1 percent, compared to 58.7 percent in
the prior fiscal quarter and 57.6 percent in the previous year fiscal
second quarter;

Adjusted operating income was $32.4 million, or 24.3 percent of
revenue, compared to $27.7 million, or 23.9 percent of revenue, in the
prior fiscal quarter and $23.7 million, or 23.2 percent of revenue, in
the previous year fiscal second quarter;

Adjusted net income was $25.7 million, or $0.46 per diluted share,
compared to adjusted net income of $21.8 million, or $0.40 per diluted
share, in the prior fiscal quarter and adjusted net income of $16.5
million, or $0.31 per diluted share, in the previous year fiscal
second quarter; and

Adjusted EBITDA was $39.0 million, compared to $33.5 million for the
prior fiscal quarter and $27.4 million for the previous year fiscal
second quarter.

Management Commentary

John Croteau, MACOM's President and Chief Executive Officer, stated, "I
am pleased to announce another quarter of solid execution and sequential
growth. Strong demand across our end markets enabled us to beat the top
end of guidance on revenue and earnings per share.

"Our Network markets once again delivered solid growth across all
optical markets fueled by modulator drivers in long/haul metro as well
as lasers in access, backhaul and datacenter applications. We also
continued to advance our GaN vision and remain on track with our process
qualifications. We are rapidly converging on program wins with Tier-1
customers addressing mainstream LTE deployments."

Mr. Croteau concluded, “As we move into the fiscal second half of the
year, we remain focused on executing on our three secular growth drivers
- Optical, GaN, and Active Antennas - as highlighted at our recent
Analyst Day.”

Business Outlook

For the fiscal third quarter ending July 1, 2016, MACOM expects revenue
to be in the range of $138.0 million to $142.0 million. Adjusted gross
margin is expected to be between 57 and 59 percent, and adjusted
earnings per share between $0.49 and $0.52 on an anticipated 56.5
million diluted shares outstanding.

Conference Call

MACOM will host a conference call on Tuesday, April 26, 2016 at 5:00
p.m. Eastern Time to discuss its second fiscal quarter financial results
and business outlook. Investors and analysts may join the conference
call by dialing 1-877-837-3908 and providing the confirmation code
84787504.

International callers may join the teleconference by dialing
+1-973-872-3000 and entering the same confirmation code at the prompt. A
telephone replay of the call will be made available beginning two hours
after the call and will remain available for 5 business days. The replay
number is 1-855-859-2056 with a passcode of 84787504. International
callers should dial +1-404-537-3406 and enter the same pass code at the
prompt.